RateX (RTX) is trading near $2.43, up 7.54% as buyers step in after a market-wide pullback. Following a retreat from mid-month highs, price has stabilized in the $2.30–$2.37 range, a zone now acting as structural support rather than temporary relief. With the token pressing against $2.50 resistance, the chart suggests compression ahead of expansion—especially notable given broader market sentiment remains cautious.
Participation metrics reinforce the move. Daily volume around $1.0M and more than 2,100 active traders in short windows signal that interest hasn’t evaporated with volatility. A reclaim of $2.68 would flip the 30-day trend decisively bullish, reopening the path toward higher valuations. Unlike momentum-only plays, RTX is showing relative strength precisely because its demand is tied to a new financial primitive rather than speculative rotation.
The bull thesis is structural. RateX positions itself as the first leveraged yield exchange, allowing users to trade future yield with up to 10× leverage—effectively transforming passive yield into an active market. With a capped supply of 100M tokens and only 16.66% circulating, upside sensitivity is high. Add in a buyback mechanism recycling up to 30% of ecosystem revenue and an upcoming full platform launch, and the numbers begin to compound. If yield trading becomes a standard DeFi strategy rather than a niche experiment, RTX’s current range may look less like resistance—and more like an early accumulation floor.
